BUSINESS

TVS Motor Company launches new technology platform — TVS intelliGO

2:48 pm February 2, 2021

New Delhi: TVS Motor Company on Tuesday introduced a new platform – TVS intelliGO, a stop-and-go technology that switches off the engine during idling and long transient stops. The technology aims at providing comfortable, convenient and an environment-friendly ride experience to customers, the company said in a statement. It helps enhance mileage and reduce emissions by […]

Delhi-based Kashmiri scribes, over 25 people from Valley were potential spying targets: Report

Non-tax revenues hold key to meeting budget targets: Report

2:09 pm February 2, 2021

Mumbai: Lauding the budget focus on nursing the nascent growth revival at the cost of fiscal consolidation, house economists at a Swiss brokerage have said budgetary math seems realistic but meeting privatization targets are key. Without increasing taxes and imposing new levies, the budget is focused on strong CAPEX, which is the highest since FY08, and projected a fiscal deficit […]

After petrol, CNG price up in Delhi, adjoining cities

No cut in excise duty on petrol, diesel; tweak in rates to accommodate agri cess

8:22 pm February 1, 2021

New Delhi: Petrol and diesel prices will not be cut as Finance Minister Nirmala Sitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels. Instead, her Budget for the 2021-22 fiscal tweaked excise duty structure to accommodate an agriculture infrastructure development cess, whose accruals would not be shared […]

Budget's transparency on numbers will enthuse rating agencies: SBI economists

Budget turns paperless; FM reads out speech from tablet for first time

8:09 pm February 1, 2021

New Delhi: From Finance Minister Nirmala Sitharaman reading out her 110-minute speech from a tablet to seating arrangements in tune with pandemic times, there were quite a few firsts during the presentation of the 2021-22 Union Budget in the Lok Sabha on Monday. Also, for the first time, the Budget went paperless and members were provided soft copies of the speech and documents. Clad in […]

Unorganised sector ignored in budget: traders body

7:49 pm February 1, 2021

Kolkata: The government is banking on the organised sector which provides only 10 per cent of jobs and has ignored in the Union budget the unorganised sector which provides employment for the rest, an organisation of traders claimed on Monday. Traders and retailers who were previously ignored during the announcement of stimulus packages got disappointed […]